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The latest announcement is out from Connected IO ( (AU:CML) ).
Connected Minerals Limited announced that all resolutions at its Annual General Meeting, including a special resolution for an additional 10% placement capacity, were passed by poll. This outcome supports the company’s strategic direction in expanding its exploration and development projects, potentially enhancing its market position in the uranium sector.
More about Connected IO
Connected Minerals Limited is an Australian-headquartered company focusing on the exploration and potential development of uranium projects in Namibia and Western Australia. The company holds one exclusive prospecting licence and has applications for two more in Namibia, a region known for its uranium production. Additionally, it has acquired full ownership of three exploration licences in Western Australia with multi-commodity potential.
Average Trading Volume: 74,303
Technical Sentiment Signal: Sell
Current Market Cap: A$8.74M
Find detailed analytics on CML stock on TipRanks’ Stock Analysis page.